Indias IT industry association NASSCOM yesterday signed an agreement with Chinas top internet hub to co-develop a collaborative technology platform which is expected to provide a major opening for Indian IT-SMEs.

NASSCOM and Dalian Municipal Peoples Government signed a joint investment agreement in Dalian to co-develop a collaborative technology u called the Sino-Indian Digital Collaboration Plaza (SIDCOP) -- a “match-making” platform that will connect small and medium-sized Indian software developers, with Chinese companies specialising in hardware.

With this, Indian software developers will be able to plug into China’s next wave of industrialisation, based on Artificial Intelligence and Internet of Things (IOT).

“Indian software developers face an existential threat if they don’t shift to high-value domains such as Artificial Intelligence and IOT. Chinese companies specialising in hardware can be their perfect partners in moving up the value chain,” said Gagan Sabharwal, senior director, National Association of Software and Services Companies (NASSCOM), in a conversation with a group of visiting Indian journalists.

Powered by Artificial Intelligence (AI) and Internet of Things (IOT), the co-created Dalian platform will operate in both online and offline modes to enable matchmaking between the two ecosystems to leverage each others strengths in technology, Sabharwal said.

Zeta-V Technology Solutions — a start-up with a local presence in Dalian — will operate the SIDCOP platform. “We have created a user-friendly interface that will harness the enormous power of Artificial Intelligence,” says Sujit Chatterjee, Co-Founder and Director at Zeta-V Technology.

Via - The Hindu

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